Australia warned it is lagging behind on cryptocurrency regulation as Trump’s election ignites Bitcoin boom

Crypto’s moment has arrived — that’s if you’re one of the true believers.

Thousands of devotees congregated in Sydney at the weekend for what organisers described as Australia’s largest cryptocurrency event.

The enthusiasm was plain to see as 120 speakers and 85 stallholders at the Aus Crypto Convention talked up the future of what is still largely an unregulated sector.

“We as an industry are here to stay and we’re growing — and this is no different to the dot.com boom of the 90s and early 2000s,” organiser and Digital Economy of Australia board member David Haslop said.

 “This is the future of finance and we’re right in the thick of it.”

Bitcoin has hit all-time highs in the wake of the re-election of Donald Trump, who during his…

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